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tps Additional Perspectives 2-1 applies to the questions displayed below Tony and Suzie kayaking, mountain biking, orienteering and trail running. In the long run, they

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tps Additional Perspectives 2-1 applies to the questions displayed below Tony and Suzie kayaking, mountain biking, orienteering and trail running. In the long run, they plan to sell outdoor geer and develop a ropes course for outdloor enthusiests graduate from college in May 2018 and begin developing their new business. They begin by offering clinics for basic outdoor activities such as mountain biking or kayaking base, they'lI hold their first edventure races. These races wil involve four-person teems that race from one checkpoint to the next using a combinstion of u o tore Tornd Sia es ar ize thei new company co post on Greet Ao ent res inc The a ticies of incorporation state that the corporation wa sel 20 0 shares of common of stock representsunit of ownership. Tony end Suzie wa act es co-presidents of the company. The following business activities occur during July for Great Jul. 1 Sell $10,000 of common stock to Suzie Jul. 1 Sell $10,000 of common stock to Tony Jul. 1 Purchase a one-year insurance policy for $4,440 ($370 per month) to cover injuries to Jul. 2 Pay legal fees of $1,500 ssocieted with incorporation. Jul. 4 Purchase office supplies of $1.600 on account July Payfo ed eit sing orsa teal cal newspaper for an een n ntain bin clic to be held on July 15 Attendees will be charged S40 the day of the c ne. Jul. 8 Purchase 10 mountain bikes, paying $10,600 cash. Jul. 15 On the dey of the clinic, Great Adventures receives cash of $2.400 from 60 bikers. Tony conducts the mountain biking clinic Jul 22 B Jul 24 Pay for advertising of $950 to a local redio station for a kayaking clinic to be held on August 10. Attendees can pey $100 in advance or $150 on the day of the cinic Jul 30 Great Adventures receives cash of $8.000 in advance from 80 kayakers for the upcoming kayak clinic Re Type here to

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